It is, therefore, important to be careful of your data and make sure you protect it from its illegitimate use. Here we share some tips to keep it safe from theft.
Protect credit score from data theft
I. Monitor your credit regularly: At the outset, you should monitor your credit score regularly. If there is a discrepancy, you could spot it immediately.
II. Place a fraud alert or credit freeze: Another thing worth doing is to place a fraud alert. It’s quite convenient to set up by contacting one credit information company.
III. Secure your personal information: It is important to enable two-factor authentication (2FA) on all your accounts to add an extra layer of security. You could destroy mail and paperwork which contains sensitive data such as bank account or card details. Be cautious and avoid sharing personal data on unsecured websites.
IV. Limit exposure of sensitive data: You should carry only important cards and IDs and may even contemplate RFID-blocking wallets. If you are a victim of data breaches, you could also sign up for notifications.
V. Respond quickly to suspicion: If you spot anything off, you could report it to the credit information company and your bank. This can limit the damage and help restore your score faster.
By making sure of these steps, you can bring down the risk of identity theft significantly by impacting your credit.
Disclaimer: Mint has a tie-up with fintechs for providing credit, you will need to share your information if you apply. These tie-ups do not influence our editorial content. This article only intends to educate and spread awareness about credit needs like loans, credit cards and credit score. Mint does not promote or encourage taking credit as it comes with a set of risks such as high interest rates, hidden charges, etc. We advise investors to discuss with certified experts before taking any credit.
